Sold £4,050/m² · Median sold £377,379 (1,498 sales) · Index +1.3% y/y · Turnover 2.4% · 12 months, sales to Jun 2026, listings to Sep 2026
What is Cheltenham?
EPC A or B
10%
EPC D or worse
51%
What does Cheltenham cost?
Cheltenham: sold price per m² £4,050/m² (12 months to Jun 2026, 1,498 sales). -0.3% on the previous 12 months.
Sold price per m²
£4,050/m² 12 months to Jun 2026
1,498 sales
-0.3% on the previous 12 months.
Empirical-Bayes smoothed median of UPRN-matched completed sales per square metre (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 1,498 sales.
Sold price
£377,379 12 months to Jun 2026
1,498 sales
+1.6% on the previous 12 months.
Empirical-Bayes smoothed median of UPRN-matched completed sales (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 1,498 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£317,480 12 months to Sep 2026
2,740 listings
+1.3% on the previous 12 months.
Median ASKING price of residential sale listings that came to market in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 2,740 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Sold price per m²: £2,983/m² in Sep 2016 to £3,884/m² in Sep 2026.Sold price: £275,060 in Sep 2016 to £348,413 in Sep 2026.Asking price: £300,000 in Jan 2022 to £325,000 in Sep 2026.Asking price per m²: £4,287/m² in Aug 2025 to £4,464/m² in Sep 2026.Asking to sold: 100% in Jan 2022 to 100% in Oct 2024.
Settled months to Jul 2026; the dashed tail is the published projection of the index 8 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
Asking price index: 97.5 in Jan 2022 to 99.7 in Sep 2026.
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 2,028 lets.
Gross yield, asking basis
4.4% 12 months to Sep 2026
2,414 lets
+0.3% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 2,414 lets.
Sample is the dated lettings behind the latest month's rent cell.
Asking rent: £1,254/month in Aug 2025 to £1,230/month in Sep 2026.Gross yield, asking basis: 3.2% in Jan 2022 to 4.2% in Sep 2026.Asking rent index: 82.8 in Jan 2022 to 114.8 in Sep 2026.
How does Cheltenham vary by home size?
Asking price in Cheltenham runs from £164,215 for 1 bedroom to £938,232 for 5+ bedrooms.
Asking price by bedroom band in Cheltenham. Each band shows its own window and sample. A band with fewer than 30 dated listings in the year is not published.
Homes
Asking price
Window
Change
Listings
1 bedroom
£164,215
12 months to Sep 2026
+3% on the previous 12 months
345
2 bedrooms
£260,379
12 months to Sep 2026
-2.5% on the previous 12 months
954
3 bedrooms
£351,211
12 months to Sep 2026
+3.1% on the previous 12 months
840
4 bedrooms
£557,408
12 months to Sep 2026
+2.7% on the previous 12 months
421
5+ bedrooms
£938,232
12 months to Sep 2026 · 11 of 12 months observed
—
165
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is Cheltenham?
Cheltenham: turnover 2.4% (12 months to Mar 2026, 1,451 sales). -27.3% on the previous 12 months.
Turnover
2.4% 12 months to Mar 2026
1,451 sales
-27.3% on the previous 12 months.
Registered sales as a share of the dwelling stock, monthly; the 12-month figure adds the months. UPRN-matched sales, a floor on the registry count; the newest months fill in as registrations land. 12-month figure: the months added, 12 months to Mar 2026, 1,451 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Listings for sale
2,270 12 months to Sep 2026
2,270 listings
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 2,270 listings.
New listings
1,599 12 months to Sep 2026
1,599 listings
+9.9% on the previous 12 months.
Listings first seen in the month and never reduced; undercounts new listings by the reduction share, by construction. 12-month figure: the months added, 12 months to Sep 2026, 1,599 listings.
Never-reduced cohort: undercounts new listings by the reduction share.
Turnover: 0.3% in Sep 2016 to 0.1% in Sep 2026.Listings for sale: 146 in Aug 2025 to 311 in Sep 2026.New listings: 142 in Jan 2022 to 213 in Sep 2026.Price reductions: 33 in Jan 2022 to 102 in Sep 2026.Live listings: 702 in Sep 2026 to 2,080 in Nov 2026.Days to completion: 170 days in Jan 2022 to 271 days in Oct 2024.
Who is active in Cheltenham?
58 agents listed homes for sale in Cheltenham; the three largest took 27% of the listings.
Agents active
58
Top three agents’ share
27%
New homes among listings
5.1%
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Who owns Cheltenham?
Corporate landlords hold 60% of the 2,651 units in Cheltenham whose freeholder is classified; 96% of all units are not yet classified.
Corporate landlords60% of classified · 1,602 units
Individuals (not traceable in bulk)27% of classified · 718 units
Housing associations7.5% of classified · 200 units
RMC4.9% of classified · 131 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does Cheltenham rank?
Cheltenham ranks 2nd of 6 local authorities in Gloucestershire for sold price per m², at £4,050/m².
Sold price per m² · local authorities in Gloucestershire
Cheltenham ranks 2nd of 6 local authorities in Gloucestershire for sold price per m², at £4,050/m².
Sold price per m² across local authorities in Gloucestershire, 12 months to Jun 2026. Sample and confidence tier beside every value.
StroudNeighbouring local authority · Asking £4,438/m² · Sep 2026
Questions about Cheltenham
What is the median house price in Cheltenham?
Homes in Cheltenham sold for a median £377,379 over the 12 months to Jun 2026, 1,498 sales. Per square metre that is £4,050/m². Registered completions, not asking prices.
How have house prices in Cheltenham changed?
-0.3% on the previous 12 months.
What is the average rent in Cheltenham?
Homes to let in Cheltenham asked a median £1,254/month over the 12 months to Sep 2026, 2,028 lets. Asking rent, not the rent agreed.
What is the gross rental yield in Cheltenham?
4.4% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 2,414 lets. +0.3% on the previous 12 months.
How quickly do homes sell in Cheltenham?
2.4% of the homes in Cheltenham changed hands over the 12 months to Mar 2026, 1,451 sales.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.